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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v) -- Ignore unavailable to you. Want to Upgrade?

To: Praxis who wrote (1516)	2/12/1998 7:52:00 PM
From: CLK	Respond to of 3335

O.K. it is not a one shot deal and my language was misleading since they do still have some money left in the bank and they also have the Turkey prospect and their Alberta holdings. What I meant was that if this first test hole was really a zero, it would surprise me to see a second well drilled. The Epic folks may say differently and they know more than I do but if I were doing this I would not spend all my money if it looked like it was not going to work. I would stop and think especially if I were a small company with limited resources. This is speculation on how the thinking might go and as you correctly pointed out we do not really know. However the fact that they did not plug the well is not bad news. How good it is or what it means remains to be seen. Fortunately for all of us with an interest here, the actual data on which to evaluate the play will be coming soon.